A manufacturing company would like to investigate the effect of a new supplier of raw material to their product. The company makes 4,000 of these items each day and the new supplier is much less expensive than their current supplier. If the rate of defects remains unchanged with the new material, they will use the new material. For their analysis, they take a cluster sample of 500 items made from the new supplier's material. The company knows their supplied product has a defect rate of 6.5%. Regardless of whether the conditions are met: What is the standard deviation of the sampling distribution? Report 4 decimals. Do not use % (ex. good answer is .0234)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A manufacturing company would like to investigate the effect of a new supplier of raw material
to their product. The company makes 4,000 of these items each day and the new supplier is
much less expensive than their current supplier. If the rate of defects remains unchanged with
the new material, they will use the new material. For their analysis, they take a cluster sample of
500 items made from the new supplier's material.
The company knows their supplied product has a defect rate of 6.5%.
Regardless of whether the conditions are met:
What is the standard deviation of the sampling distribution?
Report 4 decimals. Do not use % (ex. good answer is .0234)
Transcribed Image Text:A manufacturing company would like to investigate the effect of a new supplier of raw material to their product. The company makes 4,000 of these items each day and the new supplier is much less expensive than their current supplier. If the rate of defects remains unchanged with the new material, they will use the new material. For their analysis, they take a cluster sample of 500 items made from the new supplier's material. The company knows their supplied product has a defect rate of 6.5%. Regardless of whether the conditions are met: What is the standard deviation of the sampling distribution? Report 4 decimals. Do not use % (ex. good answer is .0234)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman